I am driving my net worth and own no assets whatsoever" (so take my advice with a little grain of salt)." vs "I suggest owning the cheapest piece of crap that will get you from a to b.  

It's great for clients I pick up selling at low cap rates buying commercial retail NNN.What I am seeing is owners and brokers pushing the following crap pro-forma's for B and C properties all day long.3% vacancy, 35% opex, 3.5 to 4.5 annual rent growth,etc. trying to sell at a 6.5 to 7 capHistorical underwriting numbers over decades instead of bubble numbers last 12 to 24 months:10% vacancy,50% opex, flat to 2.5% rent growth.

Is there trash or a ton of crap all over the lawn?

It's finished, and has three bedrooms but there is no living room, and the kitchen is crap needs some work. 

When it's an REO and I'm brokering, I don't even bother checking the rates of most end-lenders (but I'll shop the crap out of it on a refi that's 100% on your schedule).Close the thing today. 

@Kimberly H.Basically what happened here was the tenant had given landlord knowledge they were vacating,which they did, the unit was empty the crap that was left they could have cared less about, Yes the owner should store the items for the period needed, But the owner had rights to secure the property, he could have posted on the door the locks were changed and to contact him if they wanted entry.. which is basically a mute point... they were gone and rocket science isn't needed to figure that out.. filing for eviction.. added court fees... really is designed to get "PEOPLE" out of the unit.. guess what they were GONE...

I'm horrible at admin crap and that would drive me nuts if I had to have separate accounts for every property. 

Holy crap!!!

Landlords like to do cheap crap to something and call it mildew so they do not have to spend the big bucks.

But I have had to be constantly calling them on their crap (lies), hunting them down to sign things like receipts.